Interest Rate Adjustments. All required notices of interest rate and payment amount adjustments have been sent to the Mortgagor on a timely basis and the computations of such adjustments were properly calculated. All interest rate adjustments applicable to the Mortgage Loans have been made in strict compliance with state and federal law and the terms of the related Note. Any interest required to be paid pursuant to state and local law has been properly paid and credited.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Amresco Residential Securities Corp), Pooling and Servicing Agreement (Amresco Residential Securities Corp Mort Loan Trust 1998-1), Pooling and Servicing Agreement (Amresco Residential Securities Corp Mortgage Loan Tr 1998-2)
Interest Rate Adjustments. All required notices of interest ------------------------- rate and payment amount adjustments have been sent to the Mortgagor Obligor on a timely basis and the computations of such adjustments were properly calculated. All interest rate adjustments applicable to the Mortgage Loans have been made in strict compliance with state and federal law and the terms of the related Note. Any interest required to be paid pursuant to state and local law has been properly paid and credited.
Appears in 1 contract
Samples: Continuing Loan Purchase Agreement (United Panam Financial Corp)
